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Accès au Crédit Bancaire des Petites et Moyennes Entreprises au Sénégal
[Access to Bank Credit for Small and Medium-sized Enterprises in Senegal]

Author

Listed:
  • Diallo, Boubacar
  • Thiongane, Mamaye

Abstract

The purpose of our work is to identify and understand the explanatory factors of a possible satisfaction of the demand for SME bank credit. To carry out this work, we used a multinomial logit model with as endogenous variable the different types of companies having accessed the credit "TPE, PE, ME, GE" and as base 0 that is to say companies belonging to these categories of companies and did not obtain bank financing. The estimate is based on LAREM survey data from 673 companies located in the region of Dakar, Thiés and SaintLouis. Estimates reveal that the cost of financing the loan is a constraint for Senegalese SMEs when they want to use bank credit to finance their activities while the level of study of the manager and the profitability of the activities through the net profits released impact positively the probability of accessing bank credit.

Suggested Citation

  • Diallo, Boubacar & Thiongane, Mamaye, 2018. "Accès au Crédit Bancaire des Petites et Moyennes Entreprises au Sénégal [Access to Bank Credit for Small and Medium-sized Enterprises in Senegal]," MPRA Paper 89378, University Library of Munich, Germany, revised 01 Oct 2018.
    • Handle: RePEc:pra:mprapa:89378
    as

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    References listed on IDEAS

    as
    1. Soumaila Doumbia, 2011. "Surliquidité bancaire et "sous-financement de l'économie" : une analyse du paradoxe de l'UEMOA," Post-Print halshs-00632362, HAL.
    2. N. Berger, Allen & F. Udell, Gregory, 1998. "The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 613-673, August.
    3. Ying Yan, 1996. "Credit Rationing, Bankruptcy Cost, and Optimal Debt Contract for Small Business," Finance 9612003, University Library of Munich, Germany.
    4. Christian Lambert Nguena et Roger Tsafack Nanfosso, 2014. "Facteurs Microéconomiques du Déficit de Financement des PME au Cameroun," African Development Review, African Development Bank, vol. 26(2), pages 372-383, June.
    5. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    6. Nicolas Eber, 2000. "Efficience du système bancaire, structure du marché de crédit et activité économique," Revue Économique, Programme National Persée, vol. 51(6), pages 1333-1353.
    7. Soumaila Doumbia, 2011. "Surliquidité bancaire et « sous-financement de l'économie ». Une analyse du paradoxe de l'UEMOA," Revue Tiers-Monde, Armand Colin, vol. 0(1), pages 151-170.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    SME; Access to credit; Financing cost; Leader's level of education; Profit;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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